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11422 62ND AVENUE
About This Property
The flexible floorplan offers multiple bonus spaces beyond the main living and dining areas, creating excellent opportunities for a home office, reading nook, hobby room, or additional lounge space. Outside, the spacious backyard provides plenty of room to add a pool while the mature drought-resistant landscaping keeps maintenance low and curb appeal high. Multiple screened porch areas allow for seamless indoor-outdoor living year-round.
Additional highlights include a 1-car garage, 2022 A/C system, and a long-lasting concrete tile roof. Ideally located near Seminole City Center with abundant shopping, dining, and entertainment options, while also offering convenient access to Downtown St. Petersburg and Tampa International Airport.
This property does need some TLC, but for the right buyer it presents an incredible opportunity - whether as a primary residence, beach-close vacation retreat, or investment property with undeniable character and upside.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 20, 2026 | Sold | ||
| Sold | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Price Decreased |
$309,000
↓ $20K
(6.1%) | |
| Price Decreased | |||
| Jun 15, 2026 | Relisted | $329,000 | |
| Relisted | |||
| May 21, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017